Swim With Mike Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 6,307,254 | 7,159 | 6,300,095 | 10560.3 | 0% |
| 2021 | 3,399,976 | 802,148 | 2,597,828 | 133.1 | 17% |
| 2022 | 1,395,397 | 1,057,385 | 338,012 | 104.8 | 9% |
| 2023 | 1,527,952 | 1,069,880 | 458,072 | 102.0 | 7% |
In its most recent public year (2023), this organization brought in $458,072 more than it spent. Its reserves stood at about 102 months of spending, down from 10560.3 in 2020. Staff pay was 7% of spending. $5,089,062 of its net assets are donor-restricted.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
Swim With Mike Foundation's IRS filings as a feed — one entry per filing year, through 2023. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works